*ByteDance Archives - Page 6 of 10

TikTok Shop Introduces Cross-border E-commerce Solutions to More SEA Countries

TikTok Shop, an e-commerce marketplace integrated into ByteDance’s TikTok, is launching its cross-border e-commerce business in more Southeast Asian countries including Thailand, Vietnam, Malaysia and the Philippines.

TikTok Ad Revenue Forecast to Exceed $11B in 2022

Advertisement revenue for ByteDance's video-sharing app TikTok is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of market rivals Twitter and Snap, according to research firm Insider Intelligence.

JD.com’s Richard Liu Steps Down as CEO

Chinese e-commerce giant JD.com announced Thursday that company president Xu Lei has been appointed as the new CEO, succeeding Richard Liu, who will remain as the chairman of the board.

BYD and TikTok List in TIME100 Most Influential Companies of 2022

Time magazine on Thursday selected the top 100 most influential enterprises in the world in 2022. Electric vehicle maker BYD, short video app TikTok, Apple, Google, Microsoft made it among the top in the list.

Chinese Tech Industry Shifts Into Lower Gear as Layoff Rumors Swirl

The next stage of development for the Chinese technology industry is likely to marked by slower growth, albeit with more stable operations.

TikTok Ad Revenue Sees 300% Compound Annual Growth Rate

ByteDance's short-video platform TikTok saw a compound annual growth rate of 300 percent in advertising revenue. In addition, ByteDance's advertising revenue in China moderated.

TikTok Shop to Support Cross-Border E-Commerce Merchants

TikTok Shop recently announced the support policy for cross-border e-commerce merchants from March to April this year.

ByteDance Acquires No-Code Developer Hipacloud

No-code developer Hipacloud announced today that it will stop providing services and maintenance of its website as its operations have now been taken over by Bytedance.

ByteDance Raises VR Equipment Sales Target

Beijing-based technology firm and TikTok owner ByteDance has raised its 2022 sales target for virtual reality (VR) products from 1 million units to about 1.8 million units.

Douyin and Sohu Reach Copyright Cooperation for Derivative Works

Douyin, the Chinese mainland version of TikTok, announced on Thursday that it has reached a cooperation agreement with domestic video platform Sohu.

TikTok Partners With Cannes Film Festival

In order to enhance its global influence, the organizing committee of the Cannes Film Festival has chosen to cooperate with TikTok, providing users of the popular app with exclusive backstage, red-carpet interviews with filmmakers.

Russia Asks TikTok to Lift Restrictions on Video Recording of Putin’s Speech

Russian authorities have asked the management department of TikTok, a short video platform owned by ByteDance, to lift the restrictions on the video recording of Russian President Vladimir Putin's speech.

ByteDance’s Douyin and TikTok Earn over $258 Million in February

According to a report released by Sensor Tower on Thursday, in February 2022, TikTok and its sister app Douyin earned more than $258 million in the global App Store and Google Play.

ByteDance’s Lemon8 Exceeds One Million Downloads in Japan

At the beginning of 2020, TikTok's parent company ByteDance launched Lemon8 (formerly known as Sharee) in Japan. The product has been downloaded more than one million times at present.

ByteDance Conducts Alpha Testing of Educational Short Video App

Beijing-based technology firm ByteDance is alpha testing a new product called Haoqi Xiaozhi, a learning app designed specifically for teenagers.

TikTok Suspends New Content in Russia Following “Fake News” Law

Influenced by the latest "fake news" law passed by the Russian government, TikTok has decided to suspend new video content and livestreaming services in the country.

China NFT Weekly: The Neutrality of Crypto

This week: ByteDance-owned VR startup Pico strengthens ties with U.S. chipmaker Qualcomm, China to expand testing of e-CNY, Tencent delves deeper into metaverse despite government warnings, and more.

ByteDance Transfers Key Douyin Content Leaders to VR Brand Pico

Three key individuals at ByteDance will soon be transferred to its virtual reality (VR) brand Pico. The moves indicate that ByteDance will start to increase its investment in VR content.

TikTok Expands Maximum Video Length to 10 Minutes

Short video sharing platform TikTok, which is owned by Beijing-based technology firm ByteDance, announced on Monday that it will expand the maximum length for uploads to 10 minutes.

TikTok E-Commerce GMV Reached $951M in 2021

The gross merchandise value (GMV) of TikTok e-commerce in 2021 totaled about 6 billion yuan ($951 million), of which 70% or more came from Indonesia and the remaining 30% or less came from the U.K.

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